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Stock impact report

Phillips 66 (PSX) Stock Drops Despite Market Gains: Important Facts to Note [Yahoo! Finance]

Phillips 66 (PSX) 
Last phillips 66 earnings: 5/1 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
The stock trailed the S&P 500, which registered a daily gain of 0.22%. On the other hand, the Dow registered a loss of 0.33%, and the technology-centric Nasdaq increased by 0.76%. Shares of the oil refiner have depreciated by 0.56% over the course of the past month, outperforming the Oils-Energy sector's loss of 11.32% and lagging the S&P 500's gain of 1.47%. The investment community will be paying close attention to the earnings performance of Phillips 66 in its upcoming release. The company is slated to reveal its earnings on October 29, 2024. In that report, analysts expect Phillips 66 to post earnings of $1.71 per share. This would mark a year-over-year decline of 63.07%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $32.03 billion, down 20.56% from the year-ago period. PSX's full-year Zacks Consensus Estimates are calling for earnings of $7.74 per share and revenue of $138.9 billion. These results would represent year-over-year changes of -5 Show less Read more
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